FILE PHOTO: An Abercrombie & Fitch storefront sign states "SALE" at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela/File Photo GLOBAL BUSINESS WEEK AHEAD
(Reuters) - Abercrombie & Fitch Co reported a bigger-than-expected 61% jump in first-quarter sales on Wednesday, as the apparel retailer benefited from shoppers returning to stores and its beefed up online business.
Shares rose 6% as the company also posted a surprise quarterly profit and said that the momentum had extended into the current quarter.
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